Which of the following is false?
A) Aggregate demand is a specific dollar amount, such as $400 billion.
B) At a given price level, anything that changes total expenditures changes aggregate demand.
C) Total expenditures rises if consumption rises, ceteris paribus.
D) Total expenditures rises if investment spending rises, ceteris paribus.

Question

Quizplus · Accepted Answer

Aggregate demand is not a specific dollar amount but rather a schedule or curve that shows the various amounts of total expenditures at different price levels.

Which of the Following Is False